A Step-by-Step-Guide on how to buy Bitcoin Rhodium (XRC)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Bitcoin Rhodium (XRC) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Bitcoin Rhodium (XRC) As soon as your deposit has been confirmed, you will immediately have access to your assets and you can initiate invest and trading. To purchase Bitcoin Rhodium (XRC) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to locate Bitcoin Rhodium (XRC), you will need to put the cointype (XRC) into the search-box, which is marked in the picture. Make sure you have selected the proper pairing, we've marked this too. Click on “XRC/BTC” to go on.
Step 4 – Buy Bitcoin Rhodium (XRC) As soon as you have found Bitcoin Rhodium (XRC), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to make our own Limit Order. The ”Price” field will be filled automatically with the up-to-date tariff Bitcoin Rhodium (XRC) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of XRC you like to buy. The ”Total” field is the aggregated price in BTC that you will pay for the whole volumen of XRC. When you're happy, click on “Buy XRC”. Your order will be filled when a Vender sells their XRC for the price you introduced.
Step 5 – Withdraw Bitcoin Rhodium (XRC) Unless you're frequently trading, you should never keepyour coins on an Crypto Trader for an longer time frame. To take off your Bitcoin Rhodium (XRC), go to the tab called “Funds” and click on “Withdraw”. Bitcoin Rhodium (XRC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Rhodium (XRC) by using the provided drop-down box. Drop in the amount of Bitcoin Rhodium (XRC) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're glad, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.